Automotive Players Unite: Let's Save Saab!

Although General Motors is playing hard to get when it comes to Saab, it seems like the entire automotive world is joining forces against the US-based manufacturer for an unique purpose: save the Swedish unit. Up until now, only two companies were involved in what seems to be one of the longest and most boring sagas of the auto industry: the sale/winding down of Saab.

Both Spyker and Genii Capital, backed by various investors or not, tried to snatch Saab so far. But even so, General Motors has always been quite uneager when it came to negotiating the sale. The reason behind the hesitation is beyond, but it appears that some other - and surprising as well - elements are joining the battle.

We're talking about Renault, the French manufacturer that is planning to step into the electric world with an entire range of green vehicles. But let's take things one at a time.

According to Swedish publication Svenska Dagbladet, Genii and Spyker, the two companies that were trying to buy Saab separately, are apparently interested in setting up a single and more powerful entity that could take control of the Swedish unit. Obviously, only if GM agrees with it.

But Dagens Industri claims that Renault could step into the battle and form a three-member force to buy Saab. The news has already been denied by Saabs United website, without an official voice doing the denying.

Meanwhile, GM continues killing the brand, despite the fact that the US-based manufacturer confirmed that it is still willing to negotiate. Mark Reuss, GM's president of North America, said the bids could be considered until February...